Hedge Funds
The plan selected two firms to mitigate future volatility.
An Eastern state plan received a domestic small- to mid-cap value equity manager recommendation last month and made several changes to its hedge fund portfolio in April.
Plan will conduct operational due diligence on two marketable alternatives finalists before entertaining a final action on approval.
The plan terminated a pair of mandates with Bridgewater Associates at today’s board meeting.
A trust fund in the south approved a new target asset allocation including a maiden allocation to hedge funds at its first quarter board meeting.
The plan will conduct a search to replace a manager that decided to discontinue its fund.
The plan made a public equity hire and added five private market commitments.
Plan added two liquid alternatives investments following a search presentation from its consultant.
The plan made two follow-on private investments in the first quarter.
A California plan restructured its absolute return portfolio and hired an overlay services provider at yesterday’s board meeting.
